Retail Market in Indonesia 2019-2023 | Growth in E-Commerce to Boost Growth | Technavio

Technavio has announced its latest market research report titled retail market in Indonesia 2019-2023 (Graphic: Business Wire)

LONDON--()--The retail market in Indonesia is expected to post a CAGR of close to 6% during the period 2019-2023, according to the latest market research report by Technavio. Request a free sample report

Expansion of the retail landscape is one of the key factors anticipated to trigger the retail market in Indonesia during the next few years. The organized retail market in Indonesia is growing significantly across the country with companies expanding their stores and evaluating their business potential in new areas. Most of the unorganized retail outlets are increasingly being replaced with big retail hypermarkets, supermarkets, and other retail chains, which will lead to market growth of the Indonesian retail sector.

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As per Technavio, the growth in e-commerce will have a positive impact on the market and contribute to its growth significantly over the forecast period. The cable tray market research report also analyzes other important trends and market drivers that will affect the market growth over 2019-2023.

Retail Market in Indonesia: Growth in e-commerce

Many small and established Indonesian retail brands are going online, resulting in a significant boom in Internet shopping in the region. With Internet connectivity becoming more and more robust and affordable, consumers are beginning to feel secure and comfortable while purchasing online. The online channel will present immense opportunities for retailers in Indonesia during the forecast period. Moreover, the growth of m-commerce is expected to support the growth of the online retail segment in Indonesia during the next five years.

“Apart from the growth in the e-commerce marketplace, other factors such as the growing preference for local brands, rise in tourism, and the rising marketing activities by retailers will have a significant impact on the growth of the Indonesian retail market during the forecast period,” says a senior analyst at Technavio.

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Retail Market in Indonesia: Segmentation Analysis

This market research report segments the retail market in Indonesia by product (food and beverages, electrical and electronics, apparel and footwear, home improvement and household products, and others), distribution channel (offline and online) and retail format (convenience stores, department stores, drugstores and pharmacies, supermarkets and hypermarkets, and online retailers).

Convenience stores were the largest segment of the Indonesian retail industry in 2018 and are expected to maintain their position through 2023. These stores offer everyday products such as groceries, confectionery, snacks, soft drinks, personal care products, toiletries, and other regular use items. Some of the popular convenience stores in Indonesia include Alfamart, Indomart, PT Midi Utama Indonesia Tbk (Alfamidi), and PT Trans Retail Indonesia (Carrefour).

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200


Release Summary

The retail market in Indonesia is expected to post a CAGR of close to 6% during the period 2019-2023, according to Technavio


Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200